In early June, at the behest of the Biden administration, German leaders assembled top economic officials from the Group of 7 nations for a video conference with the goal of […]
Oil (Petroleum) and Gasoline
Trending topics and news from the Oil (Petroleum) and Gasoline category
Back to news homeIn Norway, the Electric Vehicle Future Has Already Arrived
BAMBLE, Norway — About 110 miles south of Oslo, along a highway lined with pine and birch trees, a shiny fueling station offers a glimpse of a future where electric […]
The Debt Ceiling Debate Is About More Than Debt
WASHINGTON — Speaker Kevin McCarthy of California has repeatedly said that he and his fellow House Republicans are refusing to raise the nation’s borrowing limit, and risking economic catastrophe, to […]
What to Know About Buying Electric Cars and the New Emissions Rule
The Biden administration on Wednesday proposed ambitious auto emissions rules that could significantly change the kinds of cars and trucks on sale in the United States — but not right […]
With Russia’s Exit, Norway Becomes Europe’s Energy Champion
The new front line for Europe’s energy security is a modest office building overlooking a fjord in Stavanger, Norway. Inside, a company called Petoro oversees three dozen of the largest […]
Oil Prices Jump After Surprise OPEC Production Cut
Oil prices surged on Monday, a day after OPEC members announced production cuts “aimed at supporting the stability of the oil market.”In early trading Brent crude, the international benchmark, rose […]
In Surprise, OPEC Plus Announces Cut in Oil Production
Saudi Arabia, Russia and their oil-producing allies announced on Sunday that they would cut production by more than 1.2 million barrels of crude a day, or more than 1 percent […]
As Oil Companies Stay Lean, Workers Move to Renewable Energy
Emma McConville was thrilled when she landed a job as a geologist at Exxon Mobil in 2017. She was assigned to work on one of the company’s most exciting and […]
Europe Has Weathered an Energy Crisis, for Now
“If China starts buying because they have opened up, and it is cold, then we are in trouble for the next couple of years,” said Marco Alverà, chief executive of […]
Russia to Cut Oil Output in Response to Western Sanctions
Oil prices rose on Friday after Russia’s deputy prime minister, Alexander Novak, said that his country would cut production in March by 500,000 barrels a day — or about 5 […]